OpenAI CEO Sam Altman has proposed giving 5% of the company's equity to a U.S. sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter. Under the proposal, other AI companies would donate similar stakes, although significant questions remain about the specifics. Similar discussions were reported by CNBC in June and were subsequently confirmed by President Trump, who said he had discussed 'concepts where pieces could be given to the American public, where the American public essentially becomes a partner with the companies.' At the time, no specific size for the proposed equity stake was given. The idea of a public AI fund has also been publicly discussed by Altman, and OpenAI has grown increasingly specific in its proposals for how such a fund could be structured. Most recently, a policy paper titled 'Industrial Policy for the Intelligence Age,' released by OpenAI in April, proposed a public wealth fund that could invest directly...
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